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1999 Dolley Madison Proof Silver Dollar Popular Or Fail.

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alvaro77's Avatar
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 Posted 07/28/2017  02:32 am Show Profile   Bookmark this topic Add alvaro77 to your friends list Get a Link to this Message Number of Subscribers
Im thinking of buying the 1999 dolley madison proof dollar in ogp with COA and box with free shipping for $30.00. Is this a good price for this coins. Many say that modern commemorative coins are not popular.
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CelticKnot's Avatar
United States
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 Posted 07/28/2017  02:34 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
$30 for Dolly? It's reasonable. Make sure it's legit tho.
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alvaro77's Avatar
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 Posted 07/28/2017  02:44 am  Show Profile   Bookmark this reply Add alvaro77 to your friends list Get a Link to this Reply
Are there fakes of the dolly coin celtic. Most ebay buy it now are around $30.00 right now. Theres some for $20 but with no OGP just the coin in the capsule. Is the OGP worth $10.00? Is it worth it to pay the extra $10.00 to have in OGP.
Edited by alvaro77
07/28/2017 02:49 am
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CelticKnot's Avatar
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 Posted 07/28/2017  03:22 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Again, I think $30 is reasonable for a legit coin w/ OGP, alvaro77. I don't think there's any money to be made with fakes, but you can't be careful enough these days.


Quote:
Is the OGP worth $10.00? Is it worth it to pay the extra $10.00 to have in OGP.

I assume that's a rhetorical question...only you can answer what it's worth to you.

Personally, since I collect modern commems.... $10 for (preferably unblemished) OGP is easily worth it to me. $10 is a lunch, a couple beers with the guys, etc.
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Foxwoods Man's Avatar
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 Posted 07/28/2017  08:28 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
If by "popular" you mean potential for price increase I would say no. It is a good price though since the regular issue price was $37 18 years ago which says a lot.

Good price for a collection....not so good for investment
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Taphandle's Avatar
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 Posted 07/28/2017  08:53 am  Show Profile   Bookmark this reply Add Taphandle to your friends list Get a Link to this Reply
I have a quit a few commemorative's, I guess you could say I collect them but I'm not looking to get every single one. I collect what appeals to me, and to me the Dolly Madison is quite an appealing coin. She is the first, First Lady to be on a coin and the coin was designed by Tiffany and co. Much more info than I can tell you here http://moderncommemoratives.com/199...lver-dollar/


Most commems have a good story behind them and all are unique, folks like different ones for different reasons.

A few modern commems go for quite a high premium due to either their mintage or popularity.
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CelticKnot's Avatar
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 Posted 07/28/2017  11:35 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Good info and insight, Taphandle!
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jbuck's Avatar
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 Posted 07/28/2017  12:01 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Many say that modern commemorative coins are not popular.
Buy coins because you like them, not because they are popular or worthy investments.
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Earle42's Avatar
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 Posted 07/28/2017  12:16 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

Quote:
Many say that modern commemorative coins are not popular.


Why worry about that?

Hobby's are for fun.

By all means, get the coin if you like the price. You may get it for less money later on, but its up to you whether or not the enjoyment of owning it now is worth waiting.

I also agree these coins are not an investment potential, but the truth is a lot stranger things have happened.
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 Posted 07/28/2017  12:19 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
One of my favorite modern commemoratives is the uncirculated version of the Dolly Madison silver dollar.
She must have been one of the prettiest first ladies ever if she looked like she does on the BU coin.
I did not think the proof did justice to the design, I also like that there are considerably less uncirculated to the number of proofs minted.
I went a bit crazy on modern commemoratives. I don't care for some and the earliest ones have huge mintages.
Not much a fan of Congress right now or any of the government themes and the Olympics don't do a lot for me but I do think that one 1992 S proof dollar and half dollar are kind of neat.
I agree with others, buy what you like.
Some of us have an appreciation for the artwork and some of want to make a little money.
Art stays beautiful, while values change.
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 Posted 07/29/2017  8:04 pm  Show Profile   Bookmark this reply Add oober to your friends list Get a Link to this Reply
Nice coin, I own own. Negotiate if you can and get a couple bucks off. I'd try to get for $28.00, but I am just that way.
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alvaro77's Avatar
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 Posted 07/31/2017  03:56 am  Show Profile   Bookmark this reply Add alvaro77 to your friends list Get a Link to this Reply
I decided not to buy it. It seems that this coin is dead in the water by the lack of interest here. I think its a bit cheesy for my taste. By cheesy I mean bacause it has roses in the obverse, kind of a ladies coin . Maybe for a gift to my little niece.
Edited by alvaro77
07/31/2017 03:59 am
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commems's Avatar
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 Posted 07/31/2017  08:47 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
I decided not to buy it. It seems that this coin is dead in the water by the lack of interest here.

It's too bad that you decided not to pursue the coin. It is one of the most artistic and beautiful silver dollars among the entire series of modern US commemorative coins.

I own the uncirculated version and can honestly say that I have never shown it to someone who didn't immediately comment on how attractive the design was - it stands out among the series' designs.

Coin collecting is a personal pursuit. As others have stated, you need to collect what you enjoy owning.

Your comments suggest to me (though I could be wrong) that your consideration of the coin was more based on current price and future value vs. the coin's beauty or the US history that inspired the piece. If I am correct, I would caution you against viewing coins only in such terms.

Coins, in general, are not great long-term investments. While very high-grade examples of truly scarce/rare coins do show appreciation, the vast majority of coins (whether circulation-era classics or modern NCLT) are common enough to meet collector demand and therefore do not appreciate in value. In fact, most modern coins show declines from their original selling prices and have selling prices tied more to their bullion value than their numismatic value.

I wish you the best with your future collecting pursuits!



Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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jbuck's Avatar
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Taphandle's Avatar
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 Posted 07/31/2017  4:33 pm  Show Profile   Bookmark this reply Add Taphandle to your friends list Get a Link to this Reply
Well the original question was popular or fail? I would say from the responses it is quite popular to those who can appreciate it.
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GR58's Avatar
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 Posted 07/31/2017  10:48 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I have read this post a couple times, seems like some
interesting opinions.

For me ...

As far as the commemorative dollar program, the Dolly Madison
dollar is one of the better coins.

Many of the commemorative dollars will drop in price after
issue, this one holds value better than some of the others.

Some experts say that, long term holding of commemorative
dollar should show a increase in value.

Again .. my thoughts ..
I think this is a series that should be collected because
they are liked, not for investment.

1999-Dolley-Madison-Proof-Silver--Dollar-Popular-Or-Fail.
1999-Dolley-Madison-Proof-Silver--Dollar-Popular-Or-Fail.
1999-Dolley-Madison-Proof-Silver--Dollar-Popular-Or-Fail.
1999-Dolley-Madison-Proof-Silver--Dollar-Popular-Or-Fail.
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